If all goes well, Ford India will park its second manufacturing unit right next to Tata Motors' Nano factory at Sanand.
Ford India and Renault too reported good sales growth in April
Maruti Suzuki, Hyundai, Mahindra and Toyota reported low single-digit sales growth for the month owing to weak market sentiment
With diesel cars set to become costlier from next year with the implementation of stricter BS-VI emission norms, major automakers in India are contemplating about the future of such vehicles in their portfolios.
Ford India's commitment to launch a new product in the country every 12-18 months will see the company strengthening its domestic supplier base, as it seeks to keep the costs down while maintaining global quality standards.
Ford India on Friday said it will be increasing the price of its latest small car Figo on account of rising input cost by next week.
'I have personally been very keen on investing in lithium ion battery technology for some time.'
Car maker Ford plans to unveil a new concept vehicle at the upcoming Delhi Auto Expo as the company looks to tap growth in the compact car segment India.
Ford India will increase the price of its entry-level sedan Ikon by up to 1.5 per cent from April as it looks to offset rising component import bills due to rupee depreciation.
EcoSport accounts for almost 40 per cent of the cumulative one million units sold by Ford in India till date, which is a reason why more than half of its future launches could be SUVs.
The $26-million assembly plant has a production capacity of 50,000 diesel engines and 10,000 petrol engines annually, the company said. The company has also added 25 new local suppliers to its supply network to support the new diesel engine assembly operations, which help to contribute nearly 50 per cent local content to the diesel engines.
Michael Boneham, president, Ford India, said the small car would be engineered for Indian conditions and that the company was keeping options open for both petrol and diesel variants. Ford's mall car will mark its entry into the mainstream segment, popularly known as the B segment cars in India, which accounts for a little over 70 per cent of the 1.3 million India car market.
Ford India launched the premium action sports utility vehicle, which is equipped with a 2.5 litre duratorq engine and is available as 4x2 wheel drive and 4x4 wheel drive variants at the cost of Rs 14,72,000 ($36,058).
Ford is looking at multiple platforms to drive into India's small car market.
The car will take on Honda City and Hyundai Verna.
Ford is expected to start production in two years, said Arvind Mathew, president and managing director, Ford India. The details of the small car, however, are yet to be finalised.
Ford India said on Thursday it will launch the diesel variant of the mid-size Ford Fusion by the third quarter of this fiscal, even as it forecast demand for vehicles softening due to steep interest rates and possible revision in annual sales target.
The first discordant note has just been struck in actor Abhishek Bachchan's new-year symphony, which had thus far been about the success of Guru and his engagement to sweetheart and co-star Aishwarya Rai.
Europe's top-end car maker Volvo is planning an onslaught on the Indian market on the back of Ford India Ltd. Ford India's parent, the US-based Ford Motor, owns Volvo's car business.
Ford India has entered into a collaboration with car designer Dilip Chabaria who would customise its Fiesta model according to customers' requirements even as the company does not plan to introduce any model in the Indian market this year.\nFord's 'i
But will it sell?
The 2014 Ford Fiesta will be available in three options -- Ambiente, Trend and Titanium, all powered by 1.5 litre diesel engine, the company said in a statement.
Automotive major Ford India Pvt Ltd on Wednesday said it would launch a new premium car in India by the end of this calendar year and announced the appointment of Aravind Mathew, as the new chief for Indian operations.
Ford India recently exported its 5000th container, thus despatching so far over 100,000 units of Ford Ikons in completely knocked down condition.
Exports in August were up 10.3 per cent to 12,472 units from 11,305 units in the same month of previous year.
The manufacturer bears cost of replacement and it helps to establish trust with the customer.
Ford India on Thursday announced the launch of a new variant 'Ford Endeavour with hurricane gear' in the domestic market as part of its efforts to consolidate its position in the fast-growing sports utility vehicles segment.
Carmaker Ford India is gearing up for the launch of its next vehicle later this year. The company expects the new product to steer it towards the much-awaited turnaround.
The car is a tech savvy like many of its prospective owners.
The new financial year started on a mixed note for car makers.
Ford India on Wednesday launched a new line of its mid-size 'Ikon' model adding two new variants 'LXi' and 'EXi' and improved versions of the existing 'ZXi' and 'Flair' as part of efforts to increase market share.
The new SUV has been made more stylish, dynamic and comfortable while retaining its core DNA.
Indian arm of the second-biggest US automaker Ford India on Thursday reported a whopping 41.8 per cent sales growth during the last fiscal due to rising sales of mid-size sedan 'Ikon'.
It beats the recent record of Honda Amaze that managed 22,000 bookings in about 20 days.
There's issue related to the Glow Plug Module.
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